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Your Supply Chain Strategy is Your Business Plan (Unless It’s Not)

Talking Logistics

More than 14 years ago, when I was still a relatively new supply chain analyst, I attended the CSCMP Annual Conference, and I still remember these words delivered by Michael Eskew, former Chairman and CEO of UPS, in his keynote presentation: “We’re seeing a dynamic shift in the relationship between business plans and logistics, a shift from the perception of our industry as a back-end process to a front-end strategy that informs and supports the entire business plan.

Lean Warehousing

LeanCor

Lean Warehousing – From Paradox to Operational Excellence. A conversation and exclusive interview with Tonya Vinas, B2B writer and editor, and Robert Martichenko, CEO, LeanCor Supply Chain Group. Before we start talking about Lean Warehousing, can you tell us a little bit about LeanCor Supply Chain Group? Sure, LeanCor is a trusted supply chain partner that delivers operational improvement and measurable financial results.

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26 Best Practices in Lean Warehousing

LeanCor

Many people may think the term “lean warehousing” is an oxymoron. Let’s face it, most lean purists believe that all transportation and warehousing functions are pure waste. The fact is, particularly with the growth of the global supply chain and extended lead times, lean warehousing is necessary and plays a critical role and must be integrated into the entire supply chain. 2, or tactical lean warehousing. Quality at the Source.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

SUMMARY: Because 4PL providers handle a company’s entire chain, including challenges that are thrown up by advances in technology, they are increasingly being favoured over third-party logistics (3PL) providers, especially by big companies with complex supply chains. Transport.

26 supply chain pros reveal the single most effective way to create a winning supply chain strategy

6 River Systems

With new supply chain innovations , trends in logistics technology and advancements like automated robots making a big impact on operational efficiency, it seems that supply chain optimization is within reach for more companies than ever before. However, even with a growing number of innovative technologies at your fingertips, your success still depends on your strategy. ” Meet Our Panel of Supply Chain Professionals: Trey Howard Emmanuel Frost Michael D.

How Supply Chain Strategy Misalignment is Killing Kmart USA

Logistics Bureau

At the next Logistics Bureau Free Executive Breakfast (which will take place in August), I’ll be discussing the alignment of supply chain and business strategy along with eight other important levers for supply chain performance improvement. As food for thought in the meantime, I want to illustrate how seriously supply chain strategy misalignment can impact your company , using the story of Kmart USA to illustrate some of the possible consequences.

Supply Chain Strategy: Thoughtfully Designed, or an Afterthought?

FLEXE

<p>Many of the world’s best-known companies’ supply chains grew from a series of historical accidents rather than intentional design. Because of this, a simple activity like mapping and visualizing supply chain flows can often spark critical questions such as, “Why are materials sourced from Region A, produced in Region B, then air-shipped as a finished product back to Region A?”

Handfield’s Supply Chain Analytics Predictions for 2014

Supply Chain View from the Field

I also worked with a team of leading thinkers in developing the Future of Procurement Report (published by KPMG) , as well as publish the BVL International Global Logistics Trends and Strategies report with a team of leading academics and executives in Europe, China, North and South America, Russia, and India. We just finished hosting over 150 executives at our Supply Chain Resource Cooperative, with a theme on Supply Chain Analytics.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

Black Friday isn’t What it Used to Be…E-Commerce has Changed the Landscape

Supply Chain View from the Field

To cope with this environment, companies are seeking to outsource more technology design, inventory management, working capital investments, and planning execution to other partners in the supply chain. Experts have warned that driving too much responsibility up the supply chain can result in significant risk and loss of control. A supply chain strategy involves making decisions: How do you distribute? Into your own warehouse structure or another?

6 Key Supply Chain and Logistics Trends to Watch in 2017

Logistics Bureau

Call it a cop-out if you like, but seriously, predicting which logistics and supply chain trends will make a difference to businesses in any given year has become notoriously difficult, given the speed at which technology in particular can suddenly disrupt the way things are done. The 6 Supply Chain Trends You Can’t Afford to Ignore. Key Logistics Trend #1: Warehouse Robotics in the Supply Chain.

Arkieva Supply Chain Scope: As Ecommerce Businesses Boom, Distribution Center Availability Becomes Scarce

Arkieva

This and more, in your Monday supply chain briefing from Arkieva. . Supply Chain News. in 2015, of which 50% to 75% comprised warehouses. This is compared to 150 million square feet of new supply, making the market the tightest it’s been in years. industrial and logistics space market finds the availability of industrial warehouse space fell to 8.8% Source: Multichannel Merchant. Source: Supply Chain Digest.

3 Steps for Making Digital Transformation Happen in Supply Chain Planning

Solvoyo

Digital transformation is transforming your decision-making processes with technology — utilizing new sources of innovation and creativity such as artificial intelligence, machine learning, Internet of Things, virtual reality, to enhance customer experience and employee productivity and ultimately improve business performance. Bringing Agility into Supply Chain Management. This goes for Supply Chain Management and the surrounding IT infrastructure as well.

Data is the Real Gold At the End of the Rainbow for Contract and Spend Management Systems

NC State SCRC

By asking a series of questions regarding the type of requirement the buyer was sourcing, an artificial intelligence tool guided the user through a decision-tree that led them to use the right contract and the right tool. Contract data is the real ROI behind the adoption of these systems, as this data becomes foundation for application of artificial intelligence systems, that will lead to even more interesting and useful applications for supply chain management.

3 Things you Need to Know about Your Supply Chain (Plus an Extra One)

Logistics Bureau

When I first published this post, it was called “3 Things You Need to Know about Your Supply Chain.” ” However, I recently realised that I was omitting a fourth key factor that can contribute to supply chain glitches and gremlins. For those CEOs and other execs who don’t know much about supply Chain or logistics management, I’d like to highlight the four key areas to really keep an eye on. Supply Chain Impact on Shareholder Value.

4 Common Supply Chain Cost Blowouts

Logistics Bureau

Whatever your supply chain role might be, monitoring and controlling costs is almost certain to be an important area of responsibility for you. However, when you’re busy with the day-to-day activities of keeping materials moving and fulfilling customer orders, it’s not difficult for increases in operational expenditure to go unnoticed until before you know it, you’re dealing with one or more supply chain cost blowouts. Inefficient use of transportation modes.

7 Core Competencies for Optimizing Global Transportation and Freight Spend

3rdwave

Managing a global supply chain network requires the ability to manage and control both global transportation execution and the associated freight spend. In a constantly shifting and competitive global trading environment, it is increasingly important to control all costs across the entire supply chain. While global freight cost varies significantly by industry and transportation mode, it is a major cost component of internationally sourced products.

5 Ways to Optimize Your Logistics & Transportation with Lean

Arkieva

Are you using lean in your logistics and transportation management? The transportation company’s culture and behavior should change to apply Lean thinking. Transportation takes time. The need to transport parts also drives inventory up, creates a need for space to store those parts, and uses energy for more forklift time and warehouse heating. The list of additional waste generated by transportation goes on and on. Right Source.

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Incoterms 2010 the Right Way - SupplyChainOpz

Supply Chain Opz

In global supply chain , most companies try to take an advantage of low-cost country sourcing to drive material costs down. Incoterms is the important elements for logistics and supply chain management but its not very widely discussed in both academic and trade publication. Anyway, things can become very complicated if you have to deal with new suppliers, new commodities or new means of transportation. Supply Chain Case Study: Executives Guide.

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28 supply chain professionals share the biggest challenges of supply chain management

6 River Systems

Supply chain management is a multi-faceted process with many stakeholders and even more moving parts. New technology aims to make the supply chain more efficient, yet investing in the wrong technology further complicates productivity while hindering profitability. Effective supply chain management offers numerous benefits for companies, so overcoming challenges to keep things running smoothly is a top priority for supply chain professionals.

The Shift Towards Personalized & Sustainable Packaging

Loftware

From sourcing materials and embracing new technology to customization of product artwork. As brands incorporate these new elements into their packaging strategy, they must re-evaluate their processes and solutions to ensure they can meet all the requirements which impact everything from artwork, production and printing to supply chain strategy. Your product packaging communicates many things from your company’s image to product and safety information.

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

The world of supply chain and logistics is changing every day. With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? Each one is featured as having done something unique to reinvent their supply chain and logistics. For discount retailers like Burlington, the supply chain is often a competitive advantage — and thus a secret recipe for success.

Green Logistics: How to deliver efficiently while minimizing carbon footprint

Abivin

Green Supply Chain Management is integrating environment-friendly and innovative strategy while planning the supply chain process. In a standard supply chain process, it has been observed by the economists the rising concern on climate change and growing pressure on the firms to decrease the carbon footprint. Green logistics has a significant role in the trade process, transport and deliver the goods.

Digital Yard Management Prove Essential During COVID-19 Disruptive Times

PINC

New Gartner Market Guide for Yard Management shows the role that YMS plays in helping companies automate processes and offset the impacts of the global pandemic and other supply chain disruptions. . It didn’t take long for global supply chains to take center stage during the worldwide pandemic, what with the many shipping delays, supply disruptions, and related issues that made the world’s headlines.

Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

Companies of all sizes have been capturing the value from Global Supply Chain to increase the economies of scale and scope for years. In this article, we will show you tips from worldwide experts that you can use to streamline your global supply chain operations. Whether you''re a manufacturing company in China, a sourcing agent in London or a world''s leading company in Silicon Valley, we''re all in a global supply chain networks.

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Rethink your Business Strategy by Rethinking Your Supply Chain

CH Robinson Logistics

When I talk to worldwide businesses in Asia, Oceania, North America, or anywhere else, their chief concern is always the same: how do we meet our customers where they are to get them the products and services they want, all while keeping our own business strategy central? But one of the most common mistakes I see many companies make is positioning international supply chains merely as tactical support for larger strategies.

Surviving Disruptions – an opportunity for supply chains to thrive with people and technology – LogiSYM July 2020

The Logistics & Supply Chain Management Society

“Managing supply chain and logistics has never been more significant and challenging since the outbreak of COVID-19 that created a new norm with high uncertainty and enforced an inevitable shift”. Logistics and supply chain management is a rapidly evolving field.

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Big data and supply chain optimization: Illusion vs. reality

DELMIA Quintiq

In the last three to five years, something has changed in conversations about supply chains and logistics. Assuming that big data was superior to “just any data” came from evidence in the B2C market, but this did not stop bold predictions about how it could also transform supply chain operation. And so, the floodgates were thrown wide open and every supply chain software company started pitching itself as a “big data” supply chain software company.

E-Commerce Needs These Supply Chain Systems !

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Why don’t you have a TMS (Transportation Management System) Solution yet? Supply Chain Systems article and permission to publish here provided by Dave Joseph at veridian.info. Warehouse Management System.

How Adding Ship-from-Store to an Omni-channel Strategy Changes the Retail Network

Talking Logistics

Integrating a ship-from-store strategy can enhance customer service and serve as an important competitive differentiator. The challenge is determining if and when a ship-from-store strategy makes sense and how to best enable this fulfillment option without impacting store productivity and service. How does implementing a ship-from-store strategy impact the supply chain network? Supply chain strategies all come down to basically a balance of service and cost.

The Basics of Walmart Replenishment

SupplyPike

In order to maintain that inventory, the retail giant uses three basic strategies for replenishment : Cross-Docking. Walmart’s inventory strategy primarily revolves around cross-docking. Since transportation is scheduled with such harmony, transportation costs stay low, as does the transportation time. Technology has also been a major factor in laying down the foundation of Walmart’s supply chain strategies.

Job opening: Associate Director European Distribution at Astellas

Supply Chain Movement

Do you have a University degree in Logistics, Supply Chain, or a related field, between 4 and 8 years of logistics management experience within a pharmaceutical environment? Supply Chain ensures that the Astellas products reach our customer in time, at the appropriate quality and cost. Alternatively they are sourced from contract manufacturers or Astellas sites outside EMEA. University degree in Logistics, Supply Chain, or related field.

Say Customer Service and Mean It

Supply Chain Shaman

In my work with clients, customers bandy about the term “customer-centric supply chain.” Many of my clients talk about a customer-centric supply chain but rely on useless metrics from an annual survey or a net promoter score.

8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

The success of your business links inextricably to the performance of your supply chain. you have to make your supply chain successful too. Supply Chain and Business Success By the Numbers. According to a survey by Deloitte from 2014, 79 % of companies with high-performing supply chains achieve revenue growth superior to the average within their industries. The Top 7 Supply Chain Points to Address for Business Success. .

E-Commerce Supply Chains Need These Supply Chain Tech Systems

Veridian Solutions

As evidenced by the most recent peak shipping season , the need for effective, high-quality logistics and warehouse management has never been higher. As reported by Jeff Berman of Supply Chain 24/7 , “[up to] 70% of B2C companies and 60% of B2C companies are focused on the full implementation of their respective ecommerce supply chain strategies, with 70% of total respondents viewing ecommerce at ‘very important’ or ‘extremely important,’ as it relates to volume and revenue.”